Toshiba CEO resigns over $1.2 billion accounting scandal
July 21, 2015 at 14:12 PM EDT
Half of Japanese conglomerate Toshiba's executive board, including CEO Hisao Tanaka, resigned today. According to a report from The New York Times, the eight executives took responsibility for the inflation of the company’s pre-tax profits by more than a third over the last seven years, totaling $1...
